The US Government, backed by the Obama administration, is seeking to take control of more private institutions.
Last year the Government began taking ownership interests in banks, and now they are seeking congressional approval to broaden their ability to gain control of more private institutions. In case anyone hasn’t realized, communism is setting its root in our country.
The Obama administration will say it is for the better good. They will blame the problems on corporate greed. But if corporate greed is what put these companies in this position, why bail them out?
Even the largest companies should be allowed to fail. In a free market, the results of a large company failing will fix itself over time. Asking a government to run a private company better then a private company can run itself simply will not work! This is communism, and it has been proven to fail over and over again.
Obama will tout that further regulation will insure these problems don’t happen in the future – ha! Since when did more government regulation ever solve a problem?
This country, which once took pride in portraying itself as the land of the free, is now closing its borders, taking control of private institutions, controlling how much money people can earn, asking people who make a lot of money to give more of it back to the government. The supposed idea is that this is fairer and gives illegal aliens benefits; in reality it serves the greater good of larger government as it distances itself from protecting the world against other bullying countries and nationalizes health care. None of this will make our country better. We will only get poorer, except for our government, which will conveniently grow much richer.
Around the world, countries are taking notice. I lived in Brazil for most of the last year and people were so excited about Obama. Now they are second-guessing. I saw on the newsstand this week a picture of President Obama referred to as Comrade Obama.
China has relied on proven capitalist ideas to grow its economy. Ironically, this communist state is now pushing itself ahead of the United States by pushing an open market agenda.
We will need to endure for another four years before America gets to decide. I am thinking when that time comes, we are going to see a revolt against the government like we have not seen in a really long time.
In the meantime, though, how much of our personal freedom are we going to lose for the greater good of the government?
Jeremiah Thompson
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